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SBM Pays Talisman $470M Over Flopped Norway Oil Project

By Sindhu Sundar (March 12, 2013, 4:56 PM EDT) -- SBM Offshore NV has paid a $470 million settlement to Canada-based Talisman Energy Norge AS to end the doomed Norwegian Yme oil field project that was plagued by bad weather and production delays, the Dutch offshore services contractor said Tuesday....

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